Bitcoin ($BTC ) has recently surged past the $100,000 mark, reaching a current price of approximately $102,835. This milestone is attributed to several factors: $BTC
Trade Developments: A new trade agreement between the U.S. and U.K. has bolstered investor confidence, suggesting a potential easing of global trade tensions.
Institutional Investment: Significant inflows from institutional investors, including major players like ARK 21Shares, Fidelity, and BlackRock, have been observed, indicating strong market support.
Market Sentiment: The crypto $BTC sentiment index has reached its highest level since January, reflecting increased investor optimism.
Analysts are monitoring key resistance levels around $107,000, with some projecting potential targets up to $120,000 if the bullish trend continues.